Stay updated with breaking news from Oglethorpe Power. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
ATLANTA (AP) — Shareholders of Georgia Power Co. may be at more risk of shouldering the utility's share of cost overruns for the two new nuclear reactors being built at Plant Vogtle. The Georgia Public Service Commission on Tuesday approved an agreement between the unit of Atlanta-based Southern Co.
Share this article Share this article TUCKER, Ga., May 5, 2021 /PRNewswire/ -- Oglethorpe Power Corporation (an Electric Membership Corporation) today announced that it will extend the deadline with respect to its exchange offer regarding its 3.75 percent First Mortgage Bonds, Series 2020A due 2050 (the "Original Bonds") [(CUSIP No: 677050 AP1 (144A) and 67685 AE4 (Reg. S)]. The exchange offer deadline, which was 5:00 p.m., New York City time, on May 4, 2021 will be extended to 5:00 p.m., New York City time, on May 5, 2021. All other material terms of the exchange offer remain unchanged....
Dive Brief: Bechtel achieved a major construction milestone at the Vogtle Electric Generating Plant near Waynesboro, Georgia, last week when it set into place a passive containment cooling water tank. This, according to Bechtel, is the last major lift at the two-unit nuclear power plant, which is operated by Southern Nuclear, a subsidiary of Southern Co. Brian Reilly, project director for Bechtel, said setting the tank in place represents the topping out of Unit 4's shield building. The passive containment cooling water tank measures 35 feet tall and has an 85-foot outer diameter. The tank mo...
Dive Brief: Bechtel achieved a major construction milestone at the Vogtle Electric Generating Plant near Waynesboro, Georgia, this week when it set into place a passive containment cooling water tank. This, according to Bechtel, is the last major lift at the two-unit nuclear power plant, which is operated by Southern Nuclear, a subsidiary of Southern Co. Brian Reilly, project director for Bechtel, said setting the tank in place represents the topping out of Unit 4's shield building. The passive containment cooling water tank measures 35 feet tall and has an 85-foot outer diameter. The tank mo...
Advertisement The U.S. Energy Information Administration (EIA) collects data on whether an electric generator is owned by one company or jointly owned by several companies, and for those jointly owned, each owner’s share of ownership. In 2019, about 14% of the 1099 GW of total operational US electricity generating capacity was jointly owned. Nuclear capacity had the highest percentage of joint ownership at 37%, followed by pumped-storage hydropower at 34% and coal at 29%. These types of power plants tend to be large-scale facilities that are expensive to build, and the technologies come wit...